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Parking Management Agreement
"I need a Parking Management Agreement for a new shopping mall in Jakarta, Indonesia, starting from March 2025, where the operator will provide full-service management including valet services and implement a smart parking system with mobile payment capabilities."
1. Parties: Identification of the property owner/principal and the parking management company
2. Background: Context of the agreement, including property details and purpose of the arrangement
3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement
4. Appointment and Scope: Formal appointment of the manager and detailed scope of parking management services
5. Term and Commencement: Duration of the agreement and conditions for commencement
6. Manager's Rights and Obligations: Detailed responsibilities of the parking management company including operations, maintenance, and reporting
7. Owner's Rights and Obligations: Responsibilities of the property owner including access, infrastructure maintenance, and cooperation requirements
8. Financial Terms: Fee structure, revenue sharing, payment terms, and financial reporting requirements
9. Operating Standards: Required service levels, operating hours, and performance standards
10. Staff and Employment: Requirements for staffing, training, and employment compliance
11. Insurance and Liability: Insurance requirements and allocation of risks between parties
12. Termination: Grounds for termination, termination process, and consequences
13. Force Majeure: Provisions for handling events beyond parties' control
14. Dispute Resolution: Process for resolving disputes between parties
15. General Provisions: Standard legal provisions including notices, amendments, governing law
1. Development Works: Required when the parking facility is under construction or requires significant renovation
2. Equipment Supply: Used when the manager is responsible for providing parking equipment systems
3. Multiple Location Provisions: Required when the agreement covers multiple parking facilities
4. Technology and Systems: Specific provisions for parking technology, payment systems, and software
5. Marketing and Promotion: When the manager has specific responsibilities for marketing the parking facility
6. Environmental Compliance: Specific provisions for environmental standards and green parking initiatives
7. Security Services: Detailed security requirements if separate from standard operations
8. Valet Parking Services: When valet parking services are included in the scope
1. Property Description: Detailed description of the parking facility, including maps and layouts
2. Operating Specifications: Detailed operational procedures, standards, and requirements
3. Fee Structure and Financial Terms: Detailed breakdown of fees, revenue sharing, and payment calculations
4. Equipment and Assets Inventory: List of equipment, systems, and assets included in the agreement
5. Performance Standards and KPIs: Specific metrics and standards for measuring performance
6. Staff Requirements: Detailed staffing requirements, qualifications, and training standards
7. Insurance Requirements: Specific insurance types and coverage levels required
8. Forms and Reports: Templates for required operational and financial reports
9. Emergency Procedures: Detailed procedures for handling various types of emergencies
Authors
Real Estate
Commercial Property
Retail
Hospitality
Healthcare
Mixed-Use Development
Public Infrastructure
Transportation
Entertainment
Education
Legal
Operations
Facility Management
Commercial
Property Management
Asset Management
Risk & Compliance
Finance
Business Development
Contract Administration
Facility Manager
Property Manager
Operations Director
Commercial Director
Legal Counsel
Building Manager
Asset Manager
Operations Manager
Contract Manager
Business Development Manager
Parking Operations Supervisor
Real Estate Manager
General Manager
Chief Operating Officer
Risk Manager
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